Africa: Market for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes 2025

Market Size for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Africa

In 2022, after two years of growth, there was decline in the African market for buckets, shovels, grabs and grips for ships’ derricks and cranes, when its value decreased by -3% to $X. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Africa

In value terms, ship derrick buckets and shovels production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 22%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Exports in Africa

In 2022, after three years of decline, there was significant growth in shipments abroad of buckets, shovels, grabs and grips for ships’ derricks and cranes, when their volume increased by 78% to X units. In general, exports enjoyed mild growth. The pace of growth appeared the most rapid in 2018 when exports increased by 101%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, ship derrick buckets and shovels exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a mild increase. The pace of growth was the most pronounced in 2018 when exports increased by 146% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa was the major exporter of buckets, shovels, grabs and grips for ships’ derricks and cranes in Africa, with the volume of exports amounting to X units, which was near 65% of total exports in 2022. It was distantly followed by Egypt (X units), making up an 11% share of total exports. Botswana (X units), Benin (X units), Lesotho (X units), Tunisia (X units), Mauritius (X units) and Ghana (X units) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of +2.4% from 2012 to 2022. At the same time, Mauritius (+18.3%), Lesotho (+15.0%), Ghana (+12.7%), Benin (+10.1%), Tunisia (+9.7%), Egypt (+6.4%) and Botswana (+1.0%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in Africa, with a CAGR of +18.3% from 2012-2022. South Africa (+4.4 p.p.), Egypt (+3.8 p.p.) and Lesotho (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest ship derrick buckets and shovels supplier in Africa, comprising 82% of total exports. The second position in the ranking was held by Egypt ($X), with a 3.8% share of total exports. It was followed by Mauritius, with a 2.2% share.

In South Africa, ship derrick buckets and shovels exports expanded at an average annual rate of +2.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (+8.3% per year) and Mauritius (+17.1% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, growing by 19% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the export price increased by 25%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mauritius ($X per unit), while Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lesotho (+9.7%), while the other leaders experienced more modest paces of growth.

Imports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes

Imports in Africa

In 2022, approx. X units of buckets, shovels, grabs and grips for ships’ derricks and cranes were imported in Africa; with a decrease of -11% against the year before. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 24% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, ship derrick buckets and shovels imports contracted to $X in 2022. Overall, imports showed a pronounced descent. The pace of growth was the most pronounced in 2018 with an increase of 33%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X units), followed by Ghana (X units), Botswana (X units) and Nigeria (X units) were the largest importers of buckets, shovels, grabs and grips for ships’ derricks and cranes, together comprising 42% of total imports. Algeria (X units), Cote d'Ivoire (X units), Morocco (X units), Tanzania (X units), Senegal (X units), Democratic Republic of the Congo (X units), Guinea (X units), Liberia (X units) and Kenya (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of +14.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ship derrick buckets and shovels importing markets in Africa were South Africa ($X), Ghana ($X) and Algeria ($X), together accounting for 40% of total imports. Cote d'Ivoire, Nigeria, Senegal, Democratic Republic of the Congo, Tanzania, Morocco, Botswana, Guinea, Kenya and Liberia lagged somewhat behind, together accounting for a further 27%.

Cote d'Ivoire, with a CAGR of +14.3%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, with a decrease of -3.4% against the previous year. Over the period under review, the import price continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2021 an increase of 14%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :